S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
SpotGamma Report for: 03/22/2021 PM
Daily Note: A strong day in SPX (+70bps), NDX/QQQ (+184bps) but not IWM/RUT(-65bps). The SPX launched to the 3950 area which proved to be resistance as noted this morning. The strong QQQ performance could well be post-OPEX short covering and as such we're anticipating some consolidation tomorrow. The other item of note is the VIX, […]
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